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Healthcare - Biotechnology - NASDAQ - US
$ 1.93
2.12 %
$ 2.76 M
Market Cap
0.05
P/E
1. INTRINSIC VALUE

Avenue Therapeutics, Inc., a specialty pharmaceutical company, develops and commercializes products primarily for use in the acute/intensive care hospital setting. Its product candidate is intravenous Tramadol, a synthetic dual-acting opioid, which is in Phase III clinical trials for the treatment of post-operative acute pain. The company was incorporated in 2015 and is based in New York, New York.[ Read More ]

The intrinsic value of one ATXI stock under the base case scenario is HIDDEN Compared to the current market price of 1.93 USD, Avenue Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ATXI

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FINANCIALS
0 REVENUE
0.00%
-14.5 M OPERATING INCOME
-80.78%
-10.4 M NET INCOME
-188.01%
-9.45 M OPERATING CASH FLOW
-24.42%
-3 M INVESTING CASH FLOW
0.00%
7.53 M FINANCING CASH FLOW
-28.60%
0 REVENUE
0.00%
-3.16 M OPERATING INCOME
-11.80%
-3.1 M NET INCOME
-14.62%
-2.89 M OPERATING CASH FLOW
-28.23%
0 INVESTING CASH FLOW
0.00%
567 K FINANCING CASH FLOW
-85.75%
Balance Sheet Decomposition Avenue Therapeutics, Inc.
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Current Assets 1.85 M
Cash & Short-Term Investments 1.78 M
Receivables 0
Other Current Assets 67 K
Non-Current Assets 0
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 0
Current Liabilities 1.2 M
Accounts Payable 401 K
Short-Term Debt 0
Other Current Liabilities 795 K
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Avenue Therapeutics, Inc.
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Revenue 0
Cost Of Revenue 0
Gross Profit 0
Operating Expenses 14.5 M
Operating Income -14.5 M
Other Expenses -4.16 M
Net Income -10.4 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-655.94% ROE
-655.94%
-560.92% ROA
-560.92%
-919.09% ROIC
-919.09%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Avenue Therapeutics, Inc.
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Net Income -10.4 M
Depreciation & Amortization 14.5 M
Capital Expenditures -3 M
Stock-Based Compensation 906 K
Change in Working Capital -290 K
Others 380 K
Free Cash Flow -12.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Avenue Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for ATXI of $12 , with forecasts ranging from a low of $12 to a high of $12 .
ATXI Lowest Price Target Wall Street Target
12 USD 521.76%
ATXI Average Price Target Wall Street Target
12 USD 521.76%
ATXI Highest Price Target Wall Street Target
12 USD 521.76%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Avenue Therapeutics, Inc.
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Sold
0-3 MONTHS
137 USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
86.6 K USD 1
Bought
1.25 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 05, 2024
Sell 137 USD
KRANZLER JAY D
Director
- 61
2.24 USD
1 month ago
Sep 30, 2024
Bought 1.24 K USD
KRANZLER JAY D
Director
+ 497
2.5 USD
1 month ago
Sep 27, 2024
Bought 7.2 USD
KRANZLER JAY D
Director
+ 3
2.4 USD
11 months ago
Dec 11, 2023
Sell 37 K USD
Davidow Robert L
10 percent owner
- 264000
0.14 USD
11 months ago
Dec 11, 2023
Sell 17.6 K USD
Davidow Robert L
10 percent owner
- 126000
0.14 USD
11 months ago
Dec 11, 2023
Sell 17.9 K USD
Davidow Robert L
10 percent owner
- 128000
0.14 USD
11 months ago
Dec 11, 2023
Sell 2.8 K USD
Davidow Robert L
10 percent owner
- 20000
0.14 USD
11 months ago
Dec 11, 2023
Sell 8.54 K USD
Davidow Robert L
10 percent owner
- 61000
0.14 USD
11 months ago
Dec 11, 2023
Sell 2.7 K USD
Davidow Robert L
10 percent owner
- 18000
0.15 USD
1 year ago
Sep 08, 2023
Bought 251 K USD
ROSENWALD LINDSAY A MD
Director
+ 348675
0.72 USD
1 year ago
Sep 08, 2023
Bought 301 K USD
Fortress Biotech, Inc.
10 percent owner
+ 418410
0.72 USD
2 years ago
Oct 11, 2022
Sell 3 M USD
InvaGen Pharmaceuticals, Inc.
Director
- 388888
7.714 USD
3 years ago
Sep 15, 2021
Sell 11.6 K USD
Vazzano Joseph Walter
Chief Financial Officer
- 7160
1.62 USD
3 years ago
May 06, 2021
Bought 9.98 K USD
Herskowitz Neil
Director
+ 2500
3.99 USD
4 years ago
Aug 20, 2020
Sell 46.6 K USD
Vazzano Joseph Walter
Chief Financial Officer
- 3840
12.13 USD
4 years ago
Mar 10, 2020
Bought 15 K USD
Vazzano Joseph Walter
Chief Financial Officer
+ 1889
7.94 USD
4 years ago
Mar 09, 2020
Bought 797 USD
Vazzano Joseph Walter
Chief Financial Officer
+ 100
7.97 USD
4 years ago
Mar 09, 2020
Bought 11.2 K USD
Vazzano Joseph Walter
Chief Financial Officer
+ 1400
7.99 USD
4 years ago
Feb 27, 2020
Bought 19.7 K USD
Herskowitz Neil
Director
+ 2400
8.2 USD
4 years ago
Feb 26, 2020
Bought 1.41 K USD
Herskowitz Neil
Director
+ 161
8.73 USD
4 years ago
Feb 25, 2020
Bought 10.9 K USD
Vazzano Joseph Walter
Chief Financial Officer
+ 1200
9.09 USD
4 years ago
Feb 25, 2020
Bought 93.1 K USD
Herskowitz Neil
Director
+ 10000
9.31 USD
5 years ago
Sep 12, 2019
Bought 100 K USD
Ingram Elizabeth Garrett
Director
+ 16000
6.27 USD
5 years ago
Aug 08, 2019
Sell 13 K USD
Vazzano Joseph Walter
Chief Financial Officer
- 2313
5.62 USD
5 years ago
Aug 09, 2019
Sell 13.2 K USD
Vazzano Joseph Walter
Chief Financial Officer
- 2375
5.56 USD
5 years ago
Jun 18, 2019
Bought 11.7 K USD
Herskowitz Neil
Director
+ 2000
5.83 USD
5 years ago
Jun 17, 2019
Bought 17.6 K USD
Herskowitz Neil
Director
+ 3000
5.88 USD
5 years ago
Apr 15, 2019
Bought 4.52 K USD
Herskowitz Neil
Director
+ 1000
4.52 USD
5 years ago
Mar 29, 2019
Bought 7.15 K USD
Herskowitz Neil
Director
+ 1400
5.11 USD
5 years ago
Mar 28, 2019
Bought 3.07 K USD
Herskowitz Neil
Director
+ 600
5.11 USD
5 years ago
Feb 25, 2019
Bought 27.3 K USD
Herskowitz Neil
Director
+ 5000
5.46 USD
5 years ago
Feb 05, 2019
Bought 10.7 K USD
Herskowitz Neil
Director
+ 1850
5.77 USD
5 years ago
Feb 04, 2019
Bought 41.4 K USD
Herskowitz Neil
Director
+ 7000
5.91 USD
5 years ago
Jan 30, 2019
Bought 3.84 K USD
Herskowitz Neil
Director
+ 650
5.91 USD
5 years ago
Jan 29, 2019
Bought 50.5 K USD
Herskowitz Neil
Director
+ 8553
5.91 USD
5 years ago
Jan 28, 2019
Bought 8.45 K USD
Herskowitz Neil
Director
+ 1447
5.84 USD
5 years ago
Dec 10, 2018
Bought 23.8 K USD
Paley Jeffrey
Director
+ 5000
4.76 USD
5 years ago
Dec 03, 2018
Bought 54.8 K USD
Paley Jeffrey
Director
+ 10000
5.4754 USD
6 years ago
Jun 08, 2018
Bought 22.7 K USD
ROSENWALD LINDSAY A MD
Director
+ 5234
4.3421 USD
6 years ago
Jun 07, 2018
Bought 64 K USD
ROSENWALD LINDSAY A MD
Director
+ 14800
4.3222 USD
6 years ago
Jun 06, 2018
Bought 39.6 K USD
ROSENWALD LINDSAY A MD
Director
+ 9100
4.349 USD
6 years ago
Jun 05, 2018
Bought 35.9 K USD
ROSENWALD LINDSAY A MD
Director
+ 8400
4.2796 USD
6 years ago
Jun 04, 2018
Bought 15.9 K USD
ROSENWALD LINDSAY A MD
Director
+ 3800
4.1897 USD
6 years ago
Jun 01, 2018
Bought 36 K USD
ROSENWALD LINDSAY A MD
Director
+ 8666
4.1545 USD
6 years ago
Jun 08, 2018
Bought 22.7 K USD
ROSENWALD LINDSAY A MD
Director
+ 5234
4.34 USD
6 years ago
Apr 25, 2018
Bought 3.8 K USD
Herskowitz Neil
Director
+ 1000
3.8 USD
7 years ago
Oct 17, 2017
Bought 5.01 K USD
Herskowitz Neil
Director
+ 1000
5.01 USD
7 years ago
Oct 09, 2017
Bought 7.29 K USD
ROSENWALD LINDSAY A MD
Director
+ 1350
5.4 USD
7 years ago
Oct 06, 2017
Bought 16.3 K USD
ROSENWALD LINDSAY A MD
Director
+ 2900
5.63 USD
7 years ago
Oct 05, 2017
Bought 19.9 K USD
ROSENWALD LINDSAY A MD
Director
+ 3550
5.6 USD
7 years ago
Oct 04, 2017
Bought 12.3 K USD
ROSENWALD LINDSAY A MD
Director
+ 2200
5.6 USD
7 years ago
Oct 09, 2017
Bought 2.62 K USD
Herskowitz Neil
Director
+ 500
5.24 USD
7. News
Avenue Therapeutics Reports Third Quarter 2024 Financial Results and Recent Corporate Highlights - Topline data in Phase 1b/2a clinical trial of AJ201 for spinal and bulbar muscular atrophy anticipated around year-end 2024 - Topline data in Phase 1b/2a clinical trial of AJ201 for spinal and bulbar muscular atrophy anticipated around year-end 2024 globenewswire.com - 2 days ago
Avenue Therapeutics to Participate in Maxim Group's 2024 Healthcare Virtual Summit MIAMI, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced that Alexandra MacLean, M.D., Chief Executive Officer of Avenue Therapeutics, will participate in a fireside chat at Maxim Group's 2024 Healthcare Virtual Summit on Tuesday, October 15, 2024 at 1:30 PM ET. globenewswire.com - 1 month ago
Avenue Therapeutics to Participate in Upcoming Investor Conferences MIAMI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced that Alexandra MacLean, M.D., Chief Executive Officer of Avenue Therapeutics, will participate in the following upcoming investor conferences: globenewswire.com - 2 months ago
Avenue Therapeutics Reports Second Quarter 2024 Financial Results and Recent Corporate Highlights - Last patient visit complete in Phase 1b/2a clinical trial of AJ201 for spinal and bulbar muscular atrophy; topline data anticipated in second half of 2024 – globenewswire.com - 3 months ago
Avenue Therapeutics to Present at the H.C. Wainwright 5th Annual Neuro Perspectives Virtual Conference MIAMI, June 20, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced that Alexandra MacLean, M.D., Chief Executive Officer of Avenue Therapeutics, will present at the H.C. Wainwright 5th Annual Neuro Perspectives Virtual Conference. The presentation will be available to registered attendees for on-demand viewing on Thursday, June 27, 2024 starting at 7:00 a.m. ET. globenewswire.com - 4 months ago
Avenue Therapeutics Announces Last Patient Last Visit in Phase 1b/2a Clinical Trial of AJ201 for the Treatment of Spinal and Bulbar Muscular Atrophy (Kennedy's Disease) Topline results of the Phase 1b/2a clinical trial anticipated mid-year 2024 Topline results of the Phase 1b/2a clinical trial anticipated mid-year 2024 globenewswire.com - 6 months ago
Avenue Therapeutics Reports First Quarter 2024 Financial Results and Recent Corporate Highlights – Raised a total of $9.4 million in gross proceeds from warrant exercise transactions since January 2024 – MIAMI, May 15, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today reported financial results and recent corporate highlights for the first quarter ended March 31, 2024. “The first quarter was incredibly productive for Avenue, as we've successfully executed on key milestones across our pipeline of CNS treatments,” said Alexandra MacLean, M.D. globenewswire.com - 6 months ago
Avenue Therapeutics Announces Exercise of Warrants for $4.4 Million in Gross Proceeds MIAMI, April 29, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 689,680 shares of the Company's common stock. The exercised warrants are comprised of warrants to purchase shares of common stock originally issued by Avenue on October 11, 2022, each having an exercise price of $116.25 per share, Series A and Series B warrants to purchase shares of common stock originally issued by Avenue on November 2, 2023, each having an exercise price of $22.545 per share, and warrants to purchase shares of common stock originally issued by Avenue on January 9, 2024, each having an exercise price of $22.545 per share. The warrant holders agreed to exercise these warrants for cash at a reduced exercise price of $6.20 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to effective registration statements on Form S-1 (File Nos. 333-267206 and 333-274562) and Form S-3 (No. 333-276671). The gross proceeds to Avenue from the exercise of the warrants are expected to be approximately $4.4 million, prior to deducting placement agent fees and offering expenses. The closing of the warrant exercise transaction is expected to occur on or about May 1, 2024, subject to satisfaction of customary closing conditions. globenewswire.com - 6 months ago
Avenue Therapeutics Announces Reverse Stock Split MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced that it will effect a 1-for-75 reverse split of its issued and outstanding common stock. Avenue expects its common stock to begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the commencement of trading on April 26, 2024 with a new CUSIP number of 05360L403. The ticker symbol for the Company's stock will remain “ATXI.” globenewswire.com - 6 months ago
Avenue Therapeutics to Host Virtual Key Opinion Leader (KOL) Event on April 4, 2024 MIAMI, March 25, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced that it will host a virtual key opinion leader (“KOL”) event highlighting expert perspectives on spinal bulbar muscular atrophy (“SBMA”), also known as Kennedy's Disease, on Thursday, April 4, 2024 at 11:00am ET. globenewswire.com - 7 months ago
Avenue Therapeutics Reports Full Year 2023 Financial Results and Recent Corporate Highlights - Enrollment completed in Phase 1b/2a clinical trial of AJ201 for spinal and bulbar muscular atrophy; topline data expected in second quarter of 2024 - globenewswire.com - 8 months ago
Avenue Therapeutics Receives Positive Listing Determination from Nasdaq MIAMI, March 15, 2024 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced that by decision dated March 11, 2024, the Nasdaq Hearings Panel granted the Company's request for an extension to evidence compliance with all applicable criteria for continued listing on The Nasdaq Capital Market, including the $1.00 bid price and $2.5 million stockholders' equity requirements, through May 20, 2024. The Company is considering all available options that may enable it to timely evidence compliance with the continued listing criteria and maintain its listing on Nasdaq; however, there can be no assurance that the Company will be able to do so. globenewswire.com - 8 months ago
8. Profile Summary

Avenue Therapeutics, Inc. ATXI

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 2.76 M
Dividend Yield 0.00%
Description Avenue Therapeutics, Inc., a specialty pharmaceutical company, develops and commercializes products primarily for use in the acute/intensive care hospital setting. Its product candidate is intravenous Tramadol, a synthetic dual-acting opioid, which is in Phase III clinical trials for the treatment of post-operative acute pain. The company was incorporated in 2015 and is based in New York, New York.
Contact 1140 Avenue of the America, New York, NY, 10036 https://www.avenuetx.com
IPO Date June 27, 2017
Employees 3
Officers Dr. Scott A. Reines M.D., Ph.D. Interim Chief Medical Officer Dr. Alexandra MacLean M.D. Chief Executive Officer & Director Mr. David Jin Interim Chief Financial Officer, Chief Operating Officer & Corporate Secretary Dr. Lindsay Allan Rosenwald Executive Director